Building My Team - Virtual or Live?

[John D.]

In the last few months, my daily work has all but gone virtual and has been a very successful and efficient change that is likely not to revert. As I'm beginning to develop my real estate team (agent/s, contractors, accountant, lender, etc.) should I limit myself to finding partners only in my immediate vicinity that I can meet with in person? Likewise, should I only have team members who are well versed in virtual meetings and online systems of organization and project plans? What are the pros and cons of each approach?

[Tyler Weaver]

Depends on how systemized you are. If you are super systemized it can work well remotely. If you are working more in an adhoc manor it is better to have people working beside you.

Unless you are specifically trying to invest out of state agents and contractors you will want to meet on site with regularly. 

Accountant, lender, bookkeeper, etc. can easily be remote. Lender will likely only meet once or twice pre-covid anyways. The rest would be sending paperwork and deals back and forth.